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Quite the opposite. Brexit has removed the UK government's ability to veto EU regulation on tax shelters.
by fmajid 5y ago
Quite the opposite. Brexit has removed the UK government's ability to veto EU regulation on tax shelters.
- colinmhayes 5y agoThe UK would be happy to have the EU regulate tax shelters. That would allow them to take in all the tax shelter customers that are currently in Ireland, Luxemburg, and Switzerland.
- fmajid 5y agoThat's not how it works. Ireland and Luxembourg have a seat at the table, and can veto their states being put on the list of non-cooperating jurisdiction. The British Virgin Islands no longer have that protection, nor does London for that matter.